More Questions on Indian Economy
- Q. During which five year plan was the annual growth rate registered at 2.5%?
A)First Five Year Plan (1961-66)
B)Fourth Five Year Plan (1961-66)
C)Second Five Year Plan (1961-66)
D)Third Five Year Plan (1961-66)
Answer: Third Five Year Plan (1961-66)
- Q. Since the inception of the co-operative movement, rural credits has been
A)rationalized
B)cheapened
C)institutionalized
D)All of the above
Answer: All of the above
- Q. Excise duty is a tax levied on the
A)export of goods
B)import of goods
C)production of goods
D)sale of goods
Answer: production of goods
- Q. Our financial system has provided for the transfer of resources from the centre to the states; the important means of resource transfers are
A)grant-in-aids
B)loans
C)tax sharing
D)All the above
Answer: All the above
- Q. The budget deficit means
A)difference between revenue receipts and revenue expenditure
B)the excess of total expenditure, including loans, net of lending over revenue receipts
C)difference between all receipts and all the expenditure
D)fiscal deficit less interest payments
Answer: difference between all receipts and all the expenditure
- Q. Reserve Bank of India will soon release plastic notes in circulation will be of :
A)Rs 20 notes
B)Rs 50 notes
C)Rs 100 notes
D)Rs 10 notes
Answer: Rs 10 notes
- Q. In India Yellow revolution is associated with:
A)production of oil seeds.
B)production of tea
C)production of flower
D)production of paddy
Answer: production of oil seeds.
- Q. For International money transfer which Indian public sector bank has signed MoU with MoneyGram company of America?
A)Bank of Baroda
B)Punjab National Bank
C)State Bank of India
D)Central Bank of India
Answer: Punjab National Bank
- Q. If utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added in process?
A)Rs 500
B)Rs 400
C)Rs 1000
D)Rs 300
Answer: Rs 300
- Q. Which of the following is not viewed as a national debt?
A)Life Insurance Policies
B)Provident Fund
C)National Saving Certificate
D)Long-term Government Bonds
Answer: National Saving Certificate
- Q. The chairman of 13th finance Commission was:
A)K C Neogy
B)Nand Kishore Singh
C)Vijay L. Kelkar.
D)Y V Reddy
Answer: Vijay L. Kelkar.
- Q. Meera Seth committee was associated with:
A)sex discrimination at work place
B)female foeticide
C)the development of handloom industry.
D)banking sector
Answer: the development of handloom industry.
- Q. Indian state with highest road length is:
A)Uttar Pradesh
B)Rajasthan
C)Maharashtra
D)Andhra Pradesh
Answer: Maharashtra
- Q. In India the first bank of limited liability managed by Indian and founded in 1881 was:
A)Hindustan Commercial Bank
B)Punjab National Bank
C)Oudh commercial Bank.
D)Punjab and Sind Bank
Answer: Oudh commercial Bank.
- Q. In November 2007, the finance commission constituted by the president of India was:
A)Tenth
B)Thirteenth
C)Ninth
D)Eleventh
Answer: Thirteenth
- Q. The Indian state which was the first to release state level Human Development Report in 1995 was:
A)Maharashtra
B)Kerala
C)Madhya Pradesh
D)Tamil Nadu
Answer: Madhya Pradesh
- Q. Unit Trust of India (UTI) was established in:
A)1904
B)1964
C)1968
D)1970
Answer: 1964
- Q. The largest producer of Coffee in the country is:
A)Tamil Nadu
B)Andhra Pradesh
C)Kerala
D)Karnataka
Answer: Karnataka
- Q. Laadli Laxmi Yojana has been launched for supporting girls of all religions and caste up to their marriage by:
A)Madhya Pradesh government
B)Haryana
C)Uttar Pradesh government
D)none of the above
Answer: Madhya Pradesh government
- Q. Gilt-edged market means
A)market of government securities
B)bullion market
C)market of guns
D)market of pure metals
Answer: market of government securities
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